Miami/Fort Lauderdale executives expect professional-level hiring to pick up in the next six months, according to the just-released Miami/Fort Lauderdale Professional Employment Forecast from Robert Half. Twenty percent of local chief financial officers (CFOs) anticipate their company will create new jobs, up three points from the previous six-month period. Another 61 percent plan to hire for open roles.
CFOs were asked, “What are your company’s hiring plans for full-time, professional-level employees in the next six months?” Their responses:
|
Sept. 2015 – Feb. 2016* |
March – Aug. 2015* |
|
|
Expanding – adding new positions |
20% |
17% |
|
Maintaining – only filling vacated positions |
61% |
65% |
|
Freezing – not filling vacated positions or creating new ones |
13% |
13% |
|
Reducing – eliminating positions |
5% |
5% |
|
Don’t know/no answer |
0% |
1% |
|
*Responses do not total 100 percent due to rounding. |
||
“Businesses continue to see growth in South Florida,” said Ryan Skubis, district president for Robert Half in the Miami/Fort Lauderdale area. “Our ports are busier with trade and transportation, the hospitality industry is going strong and construction is increasing.”
Skubis added, “Accountants in South Florida with audit and compliance experience, a track record of increasing responsibility and a CPA license are in high demand. Competition is fierce for senior accountants, staff accountants and accounts receivable professionals.”
Recruiting Challenges
Organizations looking to add staff may face difficulties, Robert Half’s research shows. Fifty-nine percent of Miami/Fort Lauderdale CFOs surveyed said it’s somewhat or very challenging to find skilled candidates for professional-level positions today. This compares to 68 percent in the previous six months.
Business Confidence
According to the Professional Employment Forecast, Miami/Fort Lauderdale CFOs are optimistic about their company’s growth. Ninety-three percent of executives reported being somewhat or very confident in their company’s prospects for growth in the next six months.
Compensation Upgrades
To address staffing challenges, some firms are strengthening the salary and benefits they offer. Forty-one percent of Miami/Fort Lauderdale CFOs surveyed said they have modified their company’s compensation plan in the past 12 months as a way to enhance recruiting and retention efforts.
About the Professional Employment Forecast
The Professional Employment Forecast was developed by Robert Half, the world’s first and largest specialized staffing firm, and conducted by an independent research firm. The local results reflect a two-period rolling average based on interviews with 200 CFOs from a stratified random sample of companies in the Miami/Fort Lauderdale area with 20 or more employees. Executives were asked about their hiring and business outlook, including plans to add professional-level employees in areas such as accounting, human resources, administrative, legal, marketing and information technology.
About Robert Half
Founded in 1948, Robert Half is the world’s first and largest specialized staffing firm. The Menlo Park, Calif.-based company has more than 340 staffing locations worldwide and offers online job search and management tools at roberthalf.com. For career and management advice, follow our blog at roberthalf.com/blog/miamiftlauderdale.
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